Voyageur Pharmaceuticals (CVE:VM) Shares Climb 12.5% – Still a Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VM – Get Free Report)’s stock price rose 12.5% during mid-day trading on Tuesday. The company traded as high as C$0.14 and last traded at C$0.14. 175,000 shares traded hands during trading, an increase of 42% from the average daily volume of 122,825 shares. The stock had previously closed at C$0.12.

Voyageur Pharmaceuticals Stock Performance

The stock has a market capitalization of C$30.56 million, a PE ratio of -6.75 and a beta of 0.88. The business has a 50 day moving average price of C$0.15 and a 200 day moving average price of C$0.13. The company has a debt-to-equity ratio of 9.80, a current ratio of 0.23 and a quick ratio of 0.84.

About Voyageur Pharmaceuticals

(Get Free Report)

Voyageur Pharmaceuticals Ltd., together with its subsidiaries, engages in the acquiring, exploring, and developing raw materials for pharmaceutical products, primarily in the province of British Columbia, Canada, and the state of Utah. The company develops barium and iodine-based APIs. The company was formerly known as Voyageur Minerals Ltd. and changed its name to Voyageur Pharmaceuticals Ltd. in December 2019. Voyageur Pharmaceuticals Ltd. was founded in 2017 and is headquartered in Calgary, Canada.

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